Motilal Oswal Private Equity Advisors Pvt. Ltd
The last one hour of trading on Monday, May 26, witnessed the benchmark indices erasing the intra-day gains to end the day flat-to-negative; largely because of the plunges in the stock of property developers, as well as energy and consumer durables firms. Specifically speaking, Sensex breached nearly 25,000 intra-day on Monday, closing precisely at 24,716.88, [...] Continue Reading »
On Wednesday, domestic brokerage Motilal Oswal said that it is undertaking into the home finance space. The initial capital being R100 Crore. Aspire Home Finance Corporation (AHFC), which is promoted by the Motilal Oswal Group, obtained a certificate of registration from sector regulator National Housing Bank (NHB). This was to start off with operations as [...] Continue Reading »
Motilal Oswal Private Equity Advisors Pvt. Ltd plans to raise around Rs.500-600 crore to invest in residential projects in large cities. This new fund will be Motilal Oswal’s second in the real estate space. It had earlier raised Rs.200 crore under the India Realty Excellence Fund (IREF) in 2009. This time around, Motilal Oswal wants [...] Continue Reading »
